Move past next close parenthesis and reindent
(move-past-close-and-reindent).

The commands M-( (insert-parentheses) and M-)
(move-past-close-and-reindent) are designed to facilitate a style
of editing which keeps parentheses balanced at all times. M-(
inserts a pair of parentheses, either together as in `()', or, if
given an argument, around the next several sexps. It leaves point after
the open parenthesis. The command M-) moves past the close
parenthesis, deleting any indentation preceding it (in this example
there is none), and indenting with C-j after it.

For example, instead of typing ( F O O ), you can type M-(
F O O, which has the same effect except for leaving the cursor before
the close parenthesis.

M-( may insert a space before the open parenthesis, depending on
the syntax class of the preceding character. Set
parens-require-spaces to nil value if you wish to inhibit
this.